Market Size of Camping Equipment Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 19.64 Billion |
| Market Size (2029) | USD 26.46 Billion |
| CAGR (2024 - 2029) | 6.15 % |
| Fastest Growing Market | Middle-East and Africa |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Camping Equipment Market Analysis
The Camping Equipment Market size is estimated at USD 19.64 billion in 2024, and is expected to reach USD 26.46 billion by 2029, growing at a CAGR of 6.15% during the forecast period (2024-2029).
COVID-19 affected the camping equipment market drastically, and the demand for camping equipment declined due to specific rules and regulations imposed by governments across several nations worldwide to curb the spread of the virus. These rules have resulted in a reduction of travelers by volume. The closing of tourist places also significantly impacted the camping market. However, during the third quarter of 2021, many of these places were reopened to accelerate the economic growth rate of different countries. Thus, this phase resulted in more travel by people to several destinations, which boosted the camping equipment market.
Vendors are introducing camping equipment that ensures higher safety and comfort level in terms of the material's size, weight, and quality. They have also started developing a type of insulation intended to protect consumers from extreme climatic conditions.
Several camping organizations and service providers like the American Hiking Society, the NorthEast Campground Association, BYM Camps, and more are introducing camping programs targeted at different age groups to attract new campers. In addition, with the rising awareness about environmental preservation, demand for eco-friendly camping equipment is on the rise. Thus, vendors are introducing eco-friendly equipment to differentiate and expand their product lines. Such innovations in camping equipment may increase the sales during the forecast period.
